GBP/CAD Counter-Trend

10 Mei 2017

For all you counter-trend traders, do NOT forget we're in a bullish market. If price breaks and closes below preferably both of the zones I drew (a break below and close below of the first zone would already indicate a "trend-change" but both zones just in case), then you can get in on the counter trend-retracement. Target 1 would be the first large box (also 38.2 retracement of the macro bullish leg) and Target 2 would the second large box.